Independent Family Office is an investment fund managing more than $173 billion ran by Thomas Yates. There are currently 44 companies in Mr. Yates’s portfolio. The largest investments include PTC Inc and Spdr Sp 500 Etf Tr, together worth $48.9 billion.
As of 7th August 2024, Independent Family Office’s top holding is 143,158 shares of PTC Inc currently worth over $26 billion and making up 15.0% of the portfolio value.
Relative to the number of outstanding shares of PTC Inc, Independent Family Office owns more than approximately 0.1% of the company.
In addition, the fund holds 42,152 shares of Spdr Sp 500 Etf Tr worth $22.9 billion.
The third-largest holding is Ishares Gold Tr worth $18 billion and the next is Ishares Tr worth $44.2 billion, with 367,694 shares owned.
Currently, Independent Family Office's portfolio is worth at least $173 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Independent Family Office office and employees reside in Albany, New York. According to the last 13-F report filed with the SEC, Thomas Yates serves as the Managing Director at Independent Family Office.
In the most recent 13F filing, Independent Family Office revealed that it had opened a new position in
Chipotle Mexican Grill and bought 4,000 shares worth $251 million.
This means they effectively own approximately 0.1% of the company.
Chipotle Mexican Grill makes up
18.9%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 97.2% in the past year.
The investment fund also strengthened its position in PTC Inc by buying
12,558 additional shares.
This makes their stake in PTC Inc total 143,158 shares worth $26 billion.
PTC Inc soared 18.0% in the past year.
On the other hand, there are companies that Independent Family Office is getting rid of from its portfolio.
Independent Family Office closed its position in Golub Cap Bdc Inc on 14th August 2024.
It sold the previously owned 95,500 shares for $1.59 billion.
Thomas Yates also disclosed a decreased stake in Spdr Sp 500 Etf Tr by 0.1%.
This leaves the value of the investment at $22.9 billion and 42,152 shares.
The two most similar investment funds to Independent Family Office are Interactive Financial Advisors, Inc and Blackbarn Capital Partners L.P.. They manage $173 billion and $173 billion respectively.
Independent Family Office’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 22.0% of
the total portfolio value.
The fund focuses on investments in the United States as
40.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
39% of the total holdings value.
On the other hand, small-cap stocks make up only 2.3% of the portfolio.
The average market cap of the portfolio companies is close to $418 billion.
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| PTC Inc |
9.62%
143,158
|
$26,007,514,000 | 15.04% |
| Spdr Sp 500 Etf Tr |
13.40%
42,152
|
$22,939,961,000 | 13.27% |
| Ishares Gold Tr |
0.51%
409,030
|
$17,969,283,000 | 10.39% |
| Ishares Tr |
3.20%
367,694
|
$44,161,207,000 | 25.54% |
| Toast, Inc. |
No change
334,275
|
$8,614,267,000 | 4.98% |
| Vanguard Index Fds |
26.47%
14,659
|
$6,945,239,000 | 4.02% |
| Spdr Gold Tr |
27.01%
25,076
|
$5,391,591,000 | 3.12% |
| Vanguard Specialized Funds |
15.38%
27,978
|
$5,106,534,000 | 2.95% |
| Ssga Active Etf Tr |
12.39%
139,068
|
$3,842,842,000 | 2.22% |
| Vanguard Tax-managed Fds |
23.13%
67,686
|
$3,345,608,000 | 1.94% |
| Taiwan Semiconductor Mfg Ltd |
14.11%
18,025
|
$3,132,925,000 | 1.81% |
| Berkshire Hathaway Inc. |
14.46%
6,589
|
$3,899,243,000 | 2.26% |
| Scotts Miracle-Gro Company |
No change
36,460
|
$2,372,088,000 | 1.37% |
| Thermo Fisher Scientific Inc. |
No change
3,153
|
$1,743,609,000 | 1.01% |
| Sherwin-Williams Co. |
24.08%
5,450
|
$1,626,444,000 | 0.94% |
| Golub Cap Bdc Inc |
Closed
95,500
|
$1,588,165,000 | |
| Vanguard World Fd |
No change
13,025
|
$2,307,413,000 | 1.33% |
| Spdr Ser Tr |
Closed
12,880
|
$1,182,384,000 | |
| Microsoft Corporation |
39.60%
2,690
|
$1,157,183,000 | 0.67% |
| Apple Inc |
22.99%
5,028
|
$1,076,598,000 | 0.62% |
| Alphabet Inc |
19.66%
7,803
|
$1,431,636,000 | 0.83% |
| Vanguard Star Fds |
No change
15,774
|
$951,172,000 | 0.55% |
| VanEck ETF Trust |
Closed
29,804
|
$942,402,000 | |
| Invesco Exchange Traded Fd T |
No change
8,414
|
$874,215,000 | 0.51% |
| Vanguard Bd Index Fds |
13.43%
11,347
|
$869,317,000 | 0.50% |
| Jpmorgan Chase Co. |
24.02%
2,600
|
$536,679,000 | 0.31% |
| T-Mobile US, Inc. |
No change
3,000
|
$533,070,000 | 0.31% |
| Johnson Johnson |
19.94%
3,300
|
$481,569,000 | 0.28% |
| Walmart Inc |
7.87%
7,020
|
$475,324,000 | 0.27% |
| American Express Co. |
No change
1,932
|
$447,355,000 | 0.26% |
| Costco Whsl Corp New |
20.13%
500
|
$421,785,000 | 0.24% |
| Pacer Fds Tr |
16.21%
10,315
|
$347,822,000 | 0.20% |
| Illinois Tool Wks Inc |
Closed
1,271
|
$341,047,000 | |
| Sprott Physical Gold Silve |
No change
15,140
|
$333,837,000 | 0.19% |
| Meta Platforms Inc |
33.70%
600
|
$301,014,000 | 0.17% |
| Marathon Pete Corp |
No change
1,713
|
$297,171,000 | 0.17% |
| Agnico Eagle Mines Ltd |
No change
4,275
|
$279,585,000 | 0.16% |
| Bank America Corp |
5.60%
6,815
|
$271,033,000 | 0.16% |
| Oracle Corp. |
No change
1,884
|
$266,021,000 | 0.15% |
| Teck Resources Ltd |
50.67%
5,500
|
$263,450,000 | 0.15% |
| Automatic Data Processing In |
No change
1,058
|
$252,534,000 | 0.15% |
| Chipotle Mexican Grill |
Opened
4,000
|
$250,600,000 | 0.14% |
| Unitedhealth Group Inc |
34.73%
500
|
$249,690,000 | 0.14% |
| Olo Inc |
Closed
42,895
|
$235,494,000 | |
| Newmont Corp |
1.76%
5,593
|
$234,179,000 | 0.14% |
| Ishares Inc |
47.20%
6,200
|
$229,958,000 | 0.13% |
| NVIDIA Corp |
Opened
1,850
|
$228,549,000 | 0.13% |
| Tri Contl Corp |
No change
6,987
|
$216,387,000 | 0.13% |
| Pepsico Inc |
27.46%
1,300
|
$212,394,000 | 0.12% |
| Amazon.com Inc. |
Closed
1,158
|
$208,880,000 | |
| No transactions found | |||
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